The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1887-06-18
or. RTT F7R.
-oF THn-
Ealze Charles NHsop and gtave
ERcsory CernFsnmg.

FRcsory CenaRang.
STATE OF LOUISIANA, D
PARISH or CaLoAsIKU
YgsFs Oh LAKE CHARLES.
/ eE III KNOWN, That on this 5th day Of
Ii Nay, In the year One Thousand Eight HIM.
dred and Eight y.Seven, and of the Independence
Of the United States the Ono HInndrs1 and
Eleventh, before me, Th0maa X einpqfsr, a otaEy
Pnhlie in md for Daleasieu Parish. state Of Loui
aiana duly commissioned and qualified, anu IN thu
| prescnce Of witnesses hereinafter named and m
! dersigned personally came aud appeared The soy
eral persons whose names arc bereuntg subscribed
who declared that aVaiiing themselves Of tho pro
visions Of the laws Of this State relative to the on
I ganization of cprperatiOns they have contracted
and agreed and do by these presents covenant
and agree and bind themselves Rs well as such
persons as may hereafter become associated with
body polite in law, for the objects and purposes
and under the agreements and stipnlatio1s follow
WI 4 ARTICLE
The name and title of said oarporation shall be
the LAKE CHARLES HOOP and asTATE
FACTORY COMPANY, and under its said name
1 Il shall have power and authority TO have and en-
| JOY succession for the full term and period Of
twenty five years from and after the date hereof,
] TO contract, sue and be Gued, 10 make and use q
corporate seal and the same 10 break or alter nj
pleasure to hold, receive, lease, purchase and
convey its corporate MEME pr1partyy both real
directors officers and agents IS the interests and
convenience of said corporation may neqnire and
to make and establish such bylaws, rnsea and reg
ulat0ns for the proper management of the affairs
of said corporation IS may be necessary and
proper and the same 10 change, alter and amend
at pleasure.
The tlomicile Of said corporation shall be In the
town of Lake Charles State of Louisiana. and al
citations or other loyal processes shah be served
upon the President OF said corporation, in case
Of his absence the Vice President or Of absence
Of both Of these officers, upon the Secretary
'"'i ARTICLE III.
The objects and purposes for which this e0rpor-
alton Is established and the mature Of the business
"a be carried on by It are declared and specified to
be the manufacture and sale Of Barrel Hoops and
BarFel stages and Wooden Ware generally.
ARTICLE ".
The capital stock Of this corporation IL hereby
fixed at the sum of Two Thousand and Six Hun
drsd Dollars, divided into and represented by
Twenty-six t26) shares of One Hundred Dollars
each twenty per oentum Of said shares to be paid
at the time Of subscribing, and the balance in
equal installments Of ten per eentum, to be paid
monthly thereafter, until each subscription is
i'''' p'''N 4p' ARTICLE Y.
The corporate poyers of this corporation shall
be vested In and exercised bya Board Of Directors
COMPOSED of five stockholders, each of whom
shall own In his own name, at least Ons ehRre Of
the capital stock Of said company, said directors
shall be elected annually on the first Monday in
january, beginning with the first Monday in Jan
uary 1889 and oil suoh elections shall be by bal
lot and conducted at the Office of said company
under the superintendent Of three commission
ers 10 be appointed by the Board Of directors
Ten days prior notice Of said election shall be
given by publication IN one Of the Newspapers
published In the tHWp Of Lake Charles, State of
Louisiana and the directors then eiected shall
serve and eOltinue In office until their suecess0ra
shall have been elected and qualified Each stock
holder shall be entitled to cast either in person or
by proxy, one vote for each and every share Of
stock held by him in his own name, and ma
i0rity of the VOTES cast shall elect. A failure to
elect directors on the date above specified shall
not dissolve the corporation, hut the then exist
ing Board of Directors shall cOntiRue to hold
Office and another election shall be held soon
as may be thereafter, whereof ten days prior no
tiee shall be given in one newspaper published In
the town of Lake Charles, Louisiana. Vacancies
occurring in said Board from any cause whatever
shall be filed by the remaining directors, and Ave
members Of said Board shall constitute a quorum
for the transaction of business. Said Board Of |
Directors at their first meeting each year shall |
elect out Of their own number a President and |
Viee-President and shall also elect Secretary |
and TfeRsurer-bOth Ofioesmay be included in |
5nO---as well aB appoint from time TO time and |
dismiss at their will, such officers, clerks Or |
agents and other employees as may be deemed
for the business aud purpose Of said |
and to make and establish, as well As
amend and alter all bylaws rules and regulations
deemed requisite for the support and management
Of the affairs and business of said corporation.
said Board of Directors shall have full authority
10 borrow money, execute mortgages, issue notes
Or bonds to enter buy sell real estateand other
property, and make contracts and generally to do
and permit all things and acts and matters peril
1ent to the objects purposes OF said corporation
DT which are or may be permitted by the laws ap-
plCable to corporations and also to issue and de
liver full paid shares to the stock or bonds or
obligations of said corporation, at no less than |
par, in payment Of labor done or money borrowed, |
OF property or rights actually received by said |
ARTICLE VI.
In the case of failure on the part of any snb-
Beriber to pay the nstallments on his stock as re-
quired, the Board of Directors shall have the Op-
ton, after thirty days written notice TO the dein
qpeRt of fgrteitng the stock and selling it for the
benefit of the company, Of compelling, by suit
the payment Of such installmentsi and no stock. |
holder shall be permitted to vote whilst in default
ARTICLE VII.
Whenever this corporation may be dissolved |
either by limitation or from any other cause its
affairs shall be iduidated by three commissioners
meeting of the stockholders convened after thirty
days prior notice, published in q newspaper IN
Lake Charles, and by the vote q q majority in
said commissioners shall remain in office until tho
affairs of said corporation shall have been fully
hquidatedi and in the case Of the death Of one or
more of said commissioners the survivors or sur.
ViVor shall continue to act.
ARTICLE VIII
This act Of incorporation may be changed. modi-
fed altered, or said GoTRoFati6n dissolved with
the assent of threef0urths OF the capital stock
represented at any general meeting Of the stock
holders Of said corporation convened for such
purpose, after thirty days Rotice of such meeting
shall have been given by advertisement in o news.
paper published in Lake Charles and tho capital
STOCK Of SAID corporation maS be increased with
corporation, Expressed at meeting held for that
purpose sitter thirty days notice OF such meeting
shall have been giyen, BY advertisement u one Of
the newspapers published in Lake Charles, La
and after forty days prior notice, In writing by
mail to each stOckhOlder.
ARTICLE TX.
No st0ckholder shall ever be held liable or re-
sp0nsible for the contracts or faults of said COR
ance due on the shares of stock owned by him,
nor shall any mere infOmality IN the Organization
have the effect Of rendering this charter null or
q exposing stoekholder TO any liability beyond
ARTICLE K
The following named persons shall constitute
the first Board Of Directors Of this corporation,
to-wit: RICHARD GUM j. " POWELL, ID. Nj
they shall continue In office until the first Monday
in january, 1899, or until their successors shah
have been duly elected and qualified.
Thus done and passed in my Office IN the town
Of Lake Charles, on the day and IN the nAontk
and year first above written, and In the presence
of Messrs. A. NJ, Mayo and IL q, Drew beth of
this town, competent witnesses, who have signed
these presents with said appeareIs and me, No.
tary, after due reading
RICHARD QUINN. shares
j. g. POWELL.
~. NJ hDnIEh.-... ,...s.,...-,..4 -
n. j. 1VAIEFIEL.D. ,............B !"
Riley AlO9sRs-'-........-....4
j. II. MCCAIN, !"
witnesses s A. n, MAYO,
Before me, PHOS KLEINPETER
Notary Pnhiie
STATE OF LOUISIANA,
PARISH OF CALCAsFEu,